Posted by Boneka > 2020-03-20 08:21 | Report Abuse

Kejuruteraan Asastera abandons plans to venture into solar business
https://www.theedgemarkets.com/article/kejuruteraan-asastera-abandons-plans-venture-solar-business?type=malaysia

Definitely their future earnings will be impacted by this u-turn!

Posted by vision_engage > 2020-03-20 11:52 | Report Abuse

KAB's earnings will not be impacted by the termination of the Heads of Agreement as it was just a proposal for acquisition.

Posted by vision_engage > 2020-03-25 14:13 | Report Abuse

Kuala Lumpur, Wednesday, 25 March 2020 – Kejuruteraan Asastera Berhad (“KAB” or “the Group”)
has entered into a heads of agreement with Invest Energy Sdn Bhd to acquire 80% ownership in two companies, for a total consideration of RM7.26 million.

Konpro Industries Sdn. Bhd. is the holding company of a 2 MW waste heat recovery facility located in Siliau, while Meru One Sdn. Bhd. is the holding company of a 2 MW cogeneration facility located in Kapar. These acquisitions will increase the Group’s portfolio of carbon efficient energy generation assets to a total of 5.5MW.

Cogeneration (also known as combined heat and power) is the sequential production of power and
the recovery of heat from a single primary fuel source. Meanwhile, waste heat recovery plants recover waste heat from a facility’s existing processes to generate electricity. These plants have applications in many industries and are widely used in developed countries due to their energy efficient nature. Both plants, constructed under a build, operate and transfer contract, are currently operational and are already generating revenue. Over the course of the maximum 10-year concessional period, these plants are projected to contribute a total of RM104 million revenue from the generation of an estimated 284,680 MWh of electricity. As with the previous acquisition, these projects, with higher gross margins and recurring income streams, are expected to increase the Group’s overall profitability and earnings visibility.

Echoing the previous announcements, Dato’ Lai Keng Onn believes that the Group’s strategic move into more carbon efficient and sustainable energy generation solves the national and global need for cleaner energy sources. This is especially so for waste heat recovery plants, where energy that is normally wasted and radiated into the atmosphere is captured and used again to power the facilities.

Dato’ Lai reiterates, “We believe that many industrial companies, like metal smelters and food
producers, with high energy requirements will be able to benefit from waste heat recovery projects
and cogeneration arrangements. There is tremendous market potential for us to move ahead in this
space. The group will benefit from recurring and profitable income sources, while also doing our small part to help fight climate change”

Posted by ConfirmKaya > 2020-04-08 09:56 | Report Abuse

Anybody home?

Posted by Wukong > 2020-04-08 18:04 | Report Abuse

很好，在跌吧，无能的公司，哈

Posted by ConfirmKaya > 2020-04-08 23:38 | Report Abuse

哈哈

Posted by garygee77 > 2020-04-14 11:30 | Report Abuse

wanna transfer to mainboard...means good opportunity ..!!

Posted by pc007 > 2020-04-15 13:12 | Report Abuse

Small shark start collecting...before big shark took over..today will hit 90cts

Posted by vision_engage > 2020-04-15 19:53 | Report Abuse

KAB interviewed by Bloomberg - https://www.bloomberg.com/news/articles/2020-04-13/this-malaysian-stock-jumped-790-by-lowering-electricity-bills

Posted by Slc56 > 2020-04-15 21:08 | Report Abuse

Vivocom also get interviewed by Bloomberg.

Posted by Vycon Chong > 2020-04-30 14:44 |

Post removed.Why?

Posted by sammofee > 2020-05-20 08:29 | Report Abuse

how come this counter so silent? any news when is the next QR?

Posted by sin20999 > 2020-05-21 11:26 | Report Abuse

busy complying with listing requirements for mainboard? if they're to be added there's A LOT for them to do before that. Hence the quiet before the storm?

Posted by sammofee > 2020-05-21 16:41 | Report Abuse

i see. there is a meeting coming up as well soon, maybe they will announce something then.

Posted by skydrag > 2020-05-21 18:07 | Report Abuse

This counter is so quiet, not much movement also, hopefully qr soon

Posted by sammofee > 2020-05-22 14:50 | Report Abuse

Wait their meeting and QR later.

Posted by sammofee > 2020-05-27 18:21 | Report Abuse

waiting very patiently for a very long time hopefully can huat kaw kaw

Posted by nitetrader > 2020-05-31 22:15 | Report Abuse

KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY") - Acceptance of contract amounting to RM11 million

Posted by sammofee > 2020-06-01 12:10 | Report Abuse

It’s so cheep come guys let’s huat before the next QR. price goes up then don’t regret.

Posted by Jeevag > 2020-06-01 12:18 | Report Abuse

I smell money here!

Posted by sin20999 > 2020-06-03 06:08 | Report Abuse

everyone waiting on listing yea?

Posted by sammofee > 2020-06-03 15:37 | Report Abuse

YEA ALL OF US WAITING TO HUAT

Posted by TheNobbies > 2020-06-05 13:53 | Report Abuse

This is a great company, is under radar due to ACE not main board.. Fundamental so Strongg , price is so undervalue. Electrical, Solar, Information, communication and solution, this the future

Posted by sammofee > 2020-06-05 16:02 | Report Abuse

Exactly a good company with good profit and contract records. Buy and relax no need to worry. Its extremely undervalued ill sure sapu all

Posted by sammofee > 2020-06-15 14:18 | Report Abuse

one day this counter will hit rm1.80. One day

Posted by SlayerZ > 2020-06-23 11:54 | Report Abuse

Awaken already? Insider buying?

Posted by KP8888KP > 2020-06-23 12:01 | Report Abuse

rocketing skyhigh!!!!

Posted by KP8888KP > 2020-06-23 12:02 | Report Abuse

expension future 27% book order, continuous profit, about to list main market!!! apa tunggu!!

Posted by SlayerZ > 2020-06-23 12:04 | Report Abuse

Ok, sold my car to get into this ride :p

Posted by sammofee > 2020-06-23 12:06 | Report Abuse

wtf wtf huat huat huat

Posted by sammofee > 2020-06-23 12:07 | Report Abuse

finally. Thank GOD

Posted by sammofee > 2020-06-23 12:08 | Report Abuse

those who P.Matched or sold rugi

Posted by mf > 2020-06-23 12:11 |

Post removed.Why?

Posted by SlayerZ > 2020-06-23 12:18 | Report Abuse

Price going back down to pick up new passengers :D

Posted by sammofee > 2020-06-23 12:21 | Report Abuse

yea but going back up

Posted by Peace99 > 2020-06-23 13:42 | Report Abuse

Aiyo, have not been following closely....why shoot up suddenly?

Posted by sammofee > 2020-06-23 14:35 | Report Abuse

They enter main market

Posted by sammofee > 2020-06-26 18:55 | Report Abuse

nope just starting just hold on tight yea

Posted by sammofee > 2020-07-03 10:44 | Report Abuse

there is nothing that can stop this man

Posted by Xuan20 > 2020-07-03 12:45 | Report Abuse

Start moving ?

Posted by sammofee > 2020-07-03 13:28 | Report Abuse

YEA once start cant stop. Don't come in when its in the top yea.

Posted by Ben C Kh > 2020-07-06 17:03 | Report Abuse

On the way to break $1

Posted by LKSGSH > 2020-07-06 20:46 | Report Abuse

Sure breaking RM 1

Posted by Xuan20 > 2020-07-06 22:40 | Report Abuse

Up up up

Posted by sammofee > 2020-07-07 10:45 | Report Abuse

next tp :1.20

Posted by SpicyMcDeluxe > 2020-07-07 11:22 | Report Abuse

kekw

Posted by mf > 2020-07-07 15:09 |

Post removed.Why?

Posted by mf > 2020-07-07 15:50 |

Post removed.Why?

Posted by sammofee > 2020-07-07 16:44 | Report Abuse

next tp : 1.40

Posted by sammofee > 2020-07-07 16:44 | Report Abuse

no more cheep price lo buy buy buy